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Oakland Michigan Yearly Expenses
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State:
Multi-State
County:
Oakland
Control #:
US-175-AZ
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FAQ
Many people are relocating to Oakland because it is more affordable than San Francisco and yet close enough to enjoy its culture and amenities.
To live comfortably in the San Francisco-Oakland-Berkeley metro area, an individual needs to earn at least $74,282 after taxes, making it the most expensive of the nation's 25 largest metro areas.
Living Wage Calculation for Alameda County, California 1 ADULT0 Children3 ChildrenLiving Wage$24.26$84.34Poverty Wage$6.19$12.74Minimum Wage$15.00$15.00
The study found that you would need to earn $110,357 to achieve that goal in San Francisco more than New York, Honolulu or Washington, D.C. In fact, the three largest cities in the Bay Area ranked in the top four: San Jose was second ($87,153); New York third ($86,446) and Oakland fourth ($80,438).
As the average cost of a one-bedroom apartment in San Francisco is $2,343, your monthly pre-tax earnings should total at least $7,802 to live comfortably in San Francisco. That translates to an annual pre-tax income of $93,626.
Table PopulationMean travel time to work (minutes), workers age 16 years+, 2016-202032.9Income & PovertyMedian household income (in 2020 dollars), 2016-2020$80,143Per capita income in past 12 months (in 2020 dollars), 2016-2020$46,40754 more rows
Oakland cost of living is 174.4 COST OF LIVINGOaklandCaliforniaHealth103.592.4Housing316.3239.1Median Home Cost$923,400$684,800Utilities90.3102.44 more rows
Utilities (Monthly) In Oakland, energy bills cost around $269.74 per month.
